Research › Search › Judgment

High Court of Karnataka · body

2025 DAILYLAW 57348 (KAR)

M/S MUKUNDA INDUSTRIAL FINANCE LTD (IN LIQN) v. NIL

CA/100/2025 · 2025-09-25

E S Indiresh

body2025

Judgment text

Extracted from the PDF above. The PDF is authoritative.

- 1 - HC-KAR NC: 2025:KHC:38720 CA NO.100 OF 2025 IN COP NO.199 OF 2011 IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 25TH DAY OF SEPTEMBER, 2025 BEFORE THE HON'BLE MR. JUSTICE E.S. INDIRESH COMPANY APPLICATION NO.100 OF 2025 IN COMPANY PETITION NO.199 OF 2011 BETWEEN: M/S MUKUNDA INDUSTRIAL FINANCE LTD. (IN LIQN.) REP. BY THE OFFICIAL LIQUIDATOR, HIGH COURT OF KARNATAKA, CORPORATE BHAVAN, 12TH FLOOR, RAHEJA TOWERS, NO.26-27, M.G. ROAD, BENGALURU - 560 001. …APPLICANT (BY SRI. MAHADEVAN K.S., ADVOCATE) AND: NIL …RESPONDENT THIS APPLICATION IS FILED UNDER SECTION 462 OF THE COMPANIES ACT, 1956 READ WITH RULES 11(B) AND 298 OF THE COMPANIES (COURT) RULES, 1959 PRAYING THIS HON'BLE COURT TO APPOINT AN AUDITOR TO AUDIT THE ACCOUNTS OF THE OFFICIAL LIQUIDATOR FOR THE HALF YEAR ENDING 31ST MARCH, 2025 AND FIX REMUNERATION; TO PASS ORDERS AS REGARDS DISPENSING WITH THE REQUIREMENTS OF SECTION 462(5) OF THE COMPANIES ACT 1956. THIS APPLICATION COMING ON FOR ORDERS, THIS DAY, ORDER WAS MADE THEREIN AS UNDER: CORAM: HON'BLE MR. JUSTICE E.S.INDIRESH Digitally signed by SHARMA ANAND CHAYA Location: HIGH COURT OF KARNATAKA - 2 - HC-KAR NC: 2025:KHC:38720 CA NO.100 OF 2025 IN COP NO.199 OF 2011 ORAL ORDER The Official Liquidator has filed an application placing on record the Audit Report as contemplated under Section 462 of the Companies Act, 1956. 2. The Audit Report is accepted for the reasons stated therein and notice to the creditors and contributories contemplated under Section 462(5) of the Companies Act, 1956, is dispensed with on the submission of the Official Liquidator that the Audit Report would be hosted in the website of the Official Liquidator so as to enable the creditors and contributories to inspect the same in terms of Rule 304 of the Companies (Court) Rules, 1959. 3. The Official Liquidator is directed to make payment of the fees to the Chartered Accountant as ordered by this Court earlier. Accordingly, Company Application is disposed of. SD/- (E.S.INDIRESH) JUDGE ARK List No.: 2 Sl No.: 7